It can't make Phone calls, and it costs a fortune.
Effectively, it's a large, useless brick. That plays simple arcade games.
Put it this way, with two iPhones and an iPad, you can use the iPhones as holders for your pieces, go Apple! Making the $5 Scrabble set obsolete with only $900 of tech!
Good things about the iPad of note
It makes a nice coaster for coffee mugs.
It makes a nice paperweight.
It works as a door stopper.
It can be used as a frisbee.
Bad things about the iPad of note
No Multitasking, No Cameras, Touch Keyboard (almost impossible to use due to it's size), No HDMI (no connecting it to the TV to watch movies), No Flash (impossible to use on a browser etc).
It needs a million adapters to plug into anything, power and USB included.
It's Not Widescreen, Widescreen movies look lousy on this thing thanks to its 4:3 screen.
A Closed App Ecosystem. The iPad only runs apps from the App Store. The same App Store that is notorious for banning apps for no real reason, such as Google Voice.
Lots of HTML rendering issues, A lot of websites dont render well.
The iPad had no top or bottom, meaning you move it and the buttons move about...
No International support. The iPad works fine in Europe except that you cant access the iPhone App store unless you have a US iTunes account.
No stereo sound.
Wi-Fi is buggy and unpredictable.
It's so bright it makes you eyes bleed.
10 Hour Battery, at best. Not even close to other products of it's kind.
Pointless Bluetooth, it exists, it just doesn't work with anything.
No I do not, I would rather use the money to buy a laptop which has infinitely more uses than an ipad, the only thing it would not have is a touch screen.
its the biggest piece of junk ive EVER seen... costs enough to buy you a gaming laptop, a really decent GAMING laptop.... that says it all i guess...
ON the bright side:
if you wait a year, you can prob format it with a pirate version OS much more user friendly, but it will still be the biggest piece of junk around...
If you want to spend money, on portable thingy... i reccomend PSP.
It can play games, movies, music, browse and do more or less what ipad can do, it just dont feature a 9.3 inch screen wich will break the first time your unfortunated enough to drop it on the floor